Group 1 - EQT is currently trading at $55.87, showing a 0.3% increase, but is struggling to recover from a recent decline from its peak of $61.02 on June 23 [1] - The stock has a support level at $55, which was previously a resistance level, and is following a historically bullish trendline just below this point [1] - Year-to-date, EQT shares have increased by 22%, indicating potential for further upward movement [1] Group 2 - According to Rocky White, EQT is within one standard deviation of its 50-day moving average, having been above this trendline in 8 of the last 10 trading days and spending 80% of the last two months above it [2] - Historical data shows that similar conditions have led to a 67% chance of the stock being higher one month later, with an average increase of 5.5% [2] - A comparable increase could bring EQT's price close to $60, nearing its record high [2] Group 3 - The current Schaeffer's Volatility Index (SVI) for EQT is 34%, which ranks in the 12th percentile of its annual range, indicating that options traders are anticipating low volatility [3]

Company Performance - EQT Corporation is currently ranked 16 in the Zacks Sector Rank among 241 companies in the Oils-Energy group [2] - EQT has gained approximately 26.5% year-to-date, significantly outperforming the average gain of 0.4% for Oils-Energy stocks [4] - The Zacks Consensus Estimate for EQT's full-year earnings has increased by 3% over the past quarter, indicating improved analyst sentiment [3] Industry Context - EQT belongs to the Oil and Gas - Exploration and Production - United States industry, which has an average loss of 18.8% this year, highlighting EQT's strong performance relative to its peers [6] - Another stock in the Oils-Energy sector, RGC Resources Inc. (RGCO), has also shown strong performance with a year-to-date return of 11.6% [4] - RGC Resources Inc. is part of the Oil and Gas - Refining and Marketing industry, which has gained 10.4% since the beginning of the year [7]

Group 1 - EQT Corporation (NYSE: EQT) is positioned as a pure-play investment in U.S. natural gas with improving fundamentals [1] - The stock is currently trading as if future gains are limited, despite the positive outlook [1] - Management's efforts in integration and deleveraging, including a recent midstream acquisition, are progressing rapidly [1]

Core Insights - EQT Corporation has achieved a significant milestone by becoming the world's first large-scale traditional energy company to reach net zero Scope 1 and Scope 2 greenhouse gas emissions, as highlighted in its 2024 ESG Report [1][2][6] Environmental - EQT has reduced Scope 1 GHG emissions by 67% for historical production assets since 2018, surpassing its 2025 goal [6] - The company increased the percentage of produced water recycled from 81% in 2019 to 96% in 2024 [6] - EQT achieved a Scope 1 methane emissions intensity of 0.0070%, significantly below its 2025 target of 0.02% [6] - The company received a first-place award from the West Virginia Department of Environmental Protection for site reclamation efforts in 2023 [6] - EQT partnered with the West Virginia Division of Natural Resources for a nature-based carbon sequestration project across over 400,000 acres [6] - The company was awarded a "Gold Standard" rating by the United Nations' Oil & Gas Methane Partnership for its methane reduction efforts [6] - EQT expanded the Appalachian Methane Initiative, utilizing over 15,000 aerial surveys to measure emissions [6] Economic Impact - In 2024, EQT generated approximately $4 billion in gross domestic product (GDP) and $776 million in indirect GDP through ancillary business activities [6] - The company paid over $665 million in royalties to local landowners in 2024 [6] - EQT supported around 20,764 ancillary jobs and invested nearly $70 million in local communities through philanthropic efforts [6] - Employees volunteered over 19,000 hours in local communities during 2024 [6] Governance - EQT's executive compensation is linked to ESG performance, with 20% of Short-Term Incentive Plan funding tied to environmental, health, and safety performance for 2024 [11] - The company maintains a "AA" ESG Rating from MSCI in 2024 [11] - Half of EQT's directors are racially, ethnically, or gender diverse [11] - EQT is a member of the Oil and Gas Decarbonization Charter and engages in international climate conversations through the World Economic Forum [11]

Company Overview - EQT Corporation is headquartered in Pittsburgh, PA, and is primarily engaged in the exploration and production of natural gas, focusing on the Appalachian Basin, which includes Ohio, Pennsylvania, and West Virginia [11] - EQT is recognized as the largest natural gas producer in the domestic market based on average daily sales volumes [11] Investment Potential - EQT is currently rated as a 3 (Hold) on the Zacks Rank, with a VGM Score of A, indicating strong potential for growth [12] - The company is projected to experience significant year-over-year earnings growth of 116.2% for the current fiscal year, making it an attractive option for growth investors [12] - Recent analyst revisions show three analysts have increased their earnings estimates for fiscal 2025, with the Zacks Consensus Estimate rising to $3.48 per share [12] - EQT has demonstrated an average earnings surprise of 62.9%, further highlighting its potential for positive performance [12] Summary of Style Scores - EQT holds a Growth Style Score of A, indicating strong future prospects and financial health [12] - The combination of a solid Zacks Rank and top-tier Growth and VGM Style Scores positions EQT as a noteworthy candidate for investors [13]

Group 1: Stock Performance - EQT Corporation's shares have increased by 24.6% over the past six months, outperforming the oil-energy sector's decline of 15.6% and the Zacks S&P 500 composite's decline of 0.9% [1][5] - The company has a market capitalization of $32.3 billion [1] Group 2: Earnings and Revenue Growth - The Zacks Consensus Estimate for EQT's 2025 earnings per share indicates a year-over-year increase of 116.2%, with revenues expected to reach $8.1 billion, suggesting a 32.4% year-over-year improvement [2][5] - Long-term earnings growth is projected at 46.3%, significantly higher than the industry average of 16.9% [2] Group 3: Valuation Metrics - The average price target for EQT shares, based on 21 analysts, is $60.14, indicating an 11.4% upside from the last closing price [3] - EQT's price-to-book ratio stands at 1.36X, which is a deep discount compared to the industry average of 3.28X [5][7] Group 4: Operational Strengths - EQT is the largest natural gas producer in the U.S., focusing on the Appalachian Basin and employing advanced technologies like horizontal drilling [8] - The company has untapped premium oil and natural gas drilling locations, contributing to a positive production outlook [8] Group 5: Acquisition and Financial Performance - EQT's $1.8 billion acquisition of Olympus Energy is expected to yield a 15% unlevered free cash flow yield and a 3.4X adjusted EBITDA multiple over 2025-2027 [9] - In Q1 2025, EQT generated over $1.04 billion in free cash flow, nearly double that of its closest peer, showcasing its strong cost structure and operational efficiency [12] Group 6: Credit Ratings and Debt Management - EQT holds investment-grade credit ratings from S&P and Fitch with a stable outlook [13] - The company is actively working to reduce its debt burden, targeting a long-term debt range of $5-7 billion [13]

Key Takeaways EQT signs 10-year supply deals totaling 1.2 Bcf/d with Duke and Southern starting in 2027. EQT will reroute gas from Tetco M-2 to premium Transco hubs, improving its realized prices by 2028. The deals leverage EQT Mountain Valley Pipeline and aid utilities shift to gas for AI power needs.EQT Corporation (EQT) , the second-largest U.S. natural gas producer, has finalized two significant long-term gas supply agreements with major southeastern utilities, Duke Energy Corporation (DUK) and The So ...

Company Overview - EQT Corporation is headquartered in Pittsburgh, PA, and is primarily engaged in the exploration and production of natural gas, focusing on the Appalachian Basin, which includes Ohio, Pennsylvania, and West Virginia [11] - EQT is recognized as the largest natural gas producer in the domestic market based on average daily sales volumes [11] Investment Ratings - EQT is currently rated as a 3 (Hold) on the Zacks Rank, with a VGM Score of A [12] - The company has a Momentum Style Score of A, indicating strong performance, with shares increasing by 12.3% over the past four weeks [12] Earnings Estimates - In the last 60 days, three analysts have revised their earnings estimates higher for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.03 to $3.47 per share [12] - EQT has demonstrated an average earnings surprise of 62.9%, suggesting strong performance relative to expectations [12] Investment Potential - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, EQT is recommended for investors' consideration [13]

Core Viewpoint - EQT Corporation's shares have increased by approximately 14.3% over the past month, outperforming the S&P 500, raising questions about the sustainability of this positive trend leading up to the next earnings release [1] Estimates Movement - Consensus estimates for EQT have trended downward over the past month, with a shift of -7.2% noted [2] VGM Scores - EQT currently holds a strong Growth Score of A, but lags in Momentum Score with a C, and has a Value Score of C, placing it in the middle 20% for this investment strategy; the overall aggregate VGM Score is B, which is relevant for investors not focused on a single strategy [3] Outlook - The downward trend in estimates indicates a negative shift, with EQT holding a Zacks Rank of 3 (Hold), suggesting an expectation of in-line returns in the coming months [4]

Group 1: Oil Market Overview - Oil prices have been volatile, influenced by geopolitical tensions and bearish crude data from the U.S. West Texas Intermediate (WTI) crude is down 0.7% at $61.62, contributing to a 14.3% year-to-date deficit [1] - The market is reacting to reports of Israel preparing to strike Iran, which has added to the volatility [1] Group 2: Company Performance - EQT Corp (NYSE:EQT) reached an 11-year high of $57.37, currently down 0.3% at $55.96, with a year-over-year increase of 35.7% and a year-to-date increase of 21.5% [2] - TotalEnergies SE (NYSE:TTE) is down 0.3% at $59.21, facing resistance at the $60 level and its 160-day moving average, but is still up 8.7% year-to-date [3] - Diamondback Energy Inc (NASDAQ:FANG) hit a two-year low of $114.00, currently down 0.8% at $137.22, and has decreased 16.2% year-to-date [4]